Profile

Manuel 'Matty' Moroun (born June 5, 1927) is an American businessman and the owner of CenTra, Inc., the holding company which controls the Ambassador Bridge. The latter is significant as it is the only private ownership of a border crossing between the United States and Canada. He bought the bridge from the Bower Family in 1979. It is now estimated to be worth between 1.5 and 3 billion dollars. CenTra, Inc., is also the controlling body of Central Transport International, an LTL trucking carrier. Moroun also has a controlling stake in Universal Truckload Services Inc., which is in itself a holding company for several over-the-road truck lines and logistics companies(Universal Am-Can Ltd., Mason Dixon Lines, Economy Transport, Cavalry Logistics, Louisiana Transportation, Inc. etc.) A recent Forbes article listed him as the 321st richest American.

Early life
Moroun is of Lebanese descent.

Moroun attended the University of Detroit Jesuit High School, graduating in 1945.Citation needed|date=April 2011

Bridge ownership
In 2009, the Michigan Department of Transportation (MDOT) sued Moroun and the Detroit International Bridge Company for failing to comply with the terms of a contract to construct ramps connecting the Ambassador Bridge to nearby expressways as part of The Gateway Project. Wayne County Circuit Judge Prentis Edwards ruled in February 2010 that Moroun and the chief deputy of the Detroit International Bridge Co., Dan Stamper, were indeed in violation of the contract and ordered them to become in compliance. On 12 January 2012, Judge Edwards found both Moroun and Stamper to be in non-compliance with his previous order and ordered both men to jail, denying a motion to stay the order until it could be appealed to the Michigan Court of Appeals.

After spending a night in jail, both men were later released by the appellate court while they heard the case.

On 25 March 2010, it was announced that Moroun would sue the US and Canadian governments over the Detroit River International Crossing. He sought to block construction of the new bridge as it would compete with his own proposal for a second span of the Ambassador Bridge, which he would also own. Critics suggest that Moroun's opposition is fuelled by the prospect of lost profits from duty-free gasoline sales, which are exempt from about 60 cents per gallon in taxes even though the pump price to consumers is only a few cents lower.


Source @ Wikipedia

Former positions of Manuel Moroun

CompaniesPositionEnd
P.A.M. TRANSPORTATION SERVICES, INC. Director/Board Member 2020-12-22
Chief Executive Officer 2020-12-22
Director/Board Member 2020-12-22
UNIVERSAL LOGISTICS HOLDINGS, INC. Director/Board Member 2020-07-11
UNIVERSAL LOGISTICS HOLDINGS, INC. Director/Board Member 2020-04-29
See the detail of Manuel Moroun 's experience

Experiences
Positions held

Active

Inactive

Listed companies

Private companies

See the detail of Manuel Moroun 's experience

Connections

38

1st degree connections

5

1st degree companies

Male

Female

Members of the board

Executives

See the personal network

Linked companies

Listed companies2
P.A.M. TRANSPORTATION SERVICES, INC.

Transportation

UNIVERSAL LOGISTICS HOLDINGS, INC.

Transportation

Private companies3

Transportation

Transportation

Transportation

See company connections
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